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 News
Feb 29, 2024

On February 29, Daimler Truck, Mitsubishi Fuso Truck and Bus (MFTBC), Hino Motors and Toyota gave an update on the progress on the collaboration based on the MoU on merging MFTBC and Hino, that was concluded in May 2023.

The parties explained that while the Definitive Agreement for merging MFTBC and Hino was targeted to be signed by the end of March 2024 and integration complete by the end of 2024, the process of obtaining necessary regulatory clearances and approvals under competition and other laws and regulations, as well as the pending investigations related to Hino's engine certification issues, are still ongoing. As such, the original schedule has been extended. 

According to the MoU, MFTBC and Hino plan to merge on an equal footing and collaborate in the areas of commercial vehicle development, procurement, and production. The plan is to build a globally competitive Japanese commercial vehicle manufacturer, with Daimler Truck and Toyota investing equally in the (listed) holding company of the merged MFTBC and Hino. The parties confirm that the merger discussions are progressing on a positive note.

Based on Press release from MFTBC, Hino, Daimler Truck and Toyota

Feb 14, 2024

On February 12, Hino South Africa announced that it is making substantial progress in addressing environmental challenges at its manufacturing plant in Prospecton, near Durban. In 2024, it is planning to double the energy output from its solar roof panel project, as well as targeting to divert 81% of factory waste from landfills.

At present, the roof panels provide 600 kWp. A further 800 kWp will be added by the middle of the year as a further 6,600 square meters of roofing is covered with solar panels. Roof repairs and strengthening of the support structure are already in progress with the installation of panels, inverters, and cables due to commence in April. Construction will take place at night to prevent any impact on manufacturing operations during the day.

Plastic part protectors and strapping are separated for reuse or recycling. One of the avenues used is USE-IT, which has constructed a waste beneficiation center in Hammarsdale, KwaZulu-Natal, where cardboard boxes are collected, compacted, and recycled by Mondi.

Based on Hino South Africa press release

Feb 07, 2024

Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that its regional AH37 and long-haul DL11 truck tires have been chosen for Hino L Series models in the U.S. and Canadian markets.

The tires have been developed with a focus on durability, fuel efficiency, and tread life.

The AH37 tire will be equipped on the L6 and L7 models. This tire features 3D Sipe Technology, which offers better traction, increased mileage, and improved tread wear.

Both the AH37 and DL11 are SmartWay verified by the U.S. Environmental Protection Agency, which means their low rolling resistance has been tested to ensure reduced costs and emissions for regional and long-haul trucking.

(From a press release dated February 5, 2024)